Commercial Real Estate Savings
For small companies, an office is an overhead that many feel they can do without, at least when starting up, but as a business grows and takes on staff, an office becomes an essential.
Even before that, there are many arguments in favour of a physical presence; an office can add credibility, and suggests permanence, that the company is going to be around in the future, perhaps particularly important for new companies.
But how much space should you rent or buy? Obviously this will depend on the employees that you expect to be working there, but you will need to factor in growth plans, whether you require an open plan working environment (allow 75-100 sq ft for each person) or individual offices (about 175 sq.ft) and meeting areas (215 sq.ft will accommodate a table and chairs for about six to eight people).
An alternative, particularly if your growth is uncertain is a serviced office, where you rent space by the number of workstations you require and by the month. This may not only help with cash flow, but also allows a company to grow or contract in a fairly flexible manner. There are no capital outlay costs for furniture or telephone equipment, all of which are provided and if you need meeting space, you pay for it by the hour.
Additional services, such as secretarial assistance are also available as required and the telephone is answered by a dedicated receptionist and in your company?s name.
On a price per sq.ft basis, serviced offices are more expensive, but this additional cost is often outweighed by the fact you are paying for just the space your business needs.
About Candise Smith Candise Smith is affliated with RE/MAX Madison, which is located in Madison, AL. For further assistance please use the contact information located on the right.
As of 05/17/12 the Candise Smith RePage is ranked at 2,514 with 435 points.
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Local Information for Madison, AL
Latitude: 34.715065 -- Longitude: -86.739644
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ZIP Codes for Madison, Alabama
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35756 
35757 
35758 
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Area Code for Madison, Alabama
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256
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Time zone for Madison, Alabama
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CST
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Other Area Cities:
Huntsville, AL
Harvest, AL
Decatur, AL
Madison, AL
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Madison's first resident was John Cartwright, who settled in the area in 1818. The city was originally known as Madison Station, and grew up in the 1850s around a stop of the Memphis & Charleston Railroad. Madison was the site of a battle in the American Civil War on March 16, 1864, when Col. Josiah Patterson's 5th Alabama Cavalry, supported By Col. James H. Stuart's cavalry battalion and a section of horse artillery, drove Col. Adam G. Gorgas's 13th Illinois Infantry Regiment from the city. Patterson's men captured the 13th Illinois Regiment's wagon train, taking 66 prisoners. They also burned Union supplies and tore up the railroad tracks before retreating. Portions of the 5th Ohio Cavalry, the 59th Indiana Infantry and the 5th Iowa Infantry were sent in pursuit from Huntsville and skirmished with Patterson's rear guard that evening at Fletcher's Ferry south of Madison.
-- Source: Wikipedia.com
Alabama 2000 Census Population Profile Map
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Madison |
Alabama |
United States |
|---|
| Population |
29,329 |
4,447,100 |
281,421,906 |
|---|
| Median age |
34.5 |
35.8 |
35.3 |
|---|
| Median age for Male |
34.2 |
34.4 |
34 |
|---|
| Median age for Female |
34.7 |
37.2 |
36.5 |
|---|
| Households |
11,143 |
1,737,080 |
105,480,101 |
|---|
| Household population |
29,075 |
4,332,380 |
273,643,273 |
|---|
| Average household size |
2.61 |
2.49 |
2.59 |
|---|
| Families |
8,066 |
1,215,968 |
71,787,347 |
|---|
| Average family size |
3.13 |
3.01 |
3.14 |
|---|
| Housing units |
12,121 |
1,963,711 |
115,904,641 |
|---|
| Occupied units |
11,143 |
1,737,080 |
105,480,101 |
|---|
| Vacant units |
978 |
226,631 |
10,424,540 |
|---|
Visit US Census
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Candise Smith
RE/MAX Madison
8103 - C Hwy 72 West
Madison, AL 35758
VOICE: 256-658-9230
FAX: 256-830-6632
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